Oil Is a Recession, What's Behind That Word Recession?

I don't see the international implications ofa chinese recovery having much of an impact on the global setting. I think it's the macro environment that wins. We see over two million barrels a day of western hemisphere growth this year, including a million three out of the united states. Canada looks for sure, to be up 300 thousand barrels a day. Argentina is up more than people thought. Veneswela is even up 300 thousand a day year on year. So we think, if youll look closely at supply. It really is growing and is accelerating as we move from here till the end of december.